Kuwait’s national oil company KPC has held early stage talks with a group of potential investors over a $7 billion stake sale in its crude oil pipelines, according to sources. It follows similar moves by Saudi Arabia and the UAE.
BlackRock, Brookfield Asset Management, EIG Partners and buyout group KKR are among those that have apparently shown interest.
Chinese state enterprises China Silk Road Fund and China Merchants Capital, along with I Squared Capital and Macquarie Infrastructure Partners, are also keen, the sources…